Private UK care homes’ profit margins soared in pandemic

Private UK care homes’ profit margins soared in pandemic

The Guardian

24th July 2022

Financial analysis by Trinava identified that profit margins and directors’ pay had increased during the pandemic across some of the UK’s largest care home operators.

The UK’s biggest care home chains saw their profit margins jump by 18% on average during the pandemic, new research shows, while the highest paid director’s salary surged to £2.3m.

https://www.theguardian.com/society/2022/jul/24/uk-private-care-providers-profit-rise-covid-report